Softbank Bets $150M on Zynga

Share

Zynga, the San Francisco-based maker of wildly successful Facebook games such as FarmVille and Mafia Wars, has picked up a $150 million investment from Japan’s Softbank, the two companies announced last night. The companies also unveiled a joint venture, Zynga Japan, that will develop and distribute social games in Japan, a market where Zynga has not previously ventured. Zynga games have over 230 million monthly active users.